Samson acquires Visual Process Ltd
Published by Callum O'Reilly,
Senior Editor
Hydrocarbon Engineering,
Samson Aktiengesellschaft has acquired the Israeli start-up Visual Process Ltd.
With the start of ACHEMA, Samson will offer its customers the technologically leading predictive monitoring and diagnostic tool SAM GUARD based on Precognize. The transaction value remains confidential.
SAM GUARD is used for predictive maintenance on several thousand valves and other field devices in industrial plant operation and complements the SAM DIGITAL solutions portfolio. “With Samson we have found the perfect partner for the global expansion and operation of Precognize,” says Chen Linchevski, CEO of Visual Process.
Andreas Widl, CEO of Samson, added: “The DNA, vision and strategic positioning of both companies complement each other uniquely. This brings us closer to our goal of becoming the market and innovation leader for intelligent, networked valve technology in process automation.”
Read the article online at: https://www.hydrocarbonengineering.com/refining/14062018/samson-acquires-visual-processes-ltd/
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